New York City Mayor Eric Adams says he will create a digital advisory council to attract jobs and investment to the Big Apple and position it as the “crypto capital of the globe.” “This is not about chasing memes or trends,” Adams told the inaugural New York City Crypto Summit on May 20. “We want […]

Bitcoin Magazine Attendees At First New York City Crypto Summit Implore Mayor Adams To End The BitLicense Today, New York City hosted its first ever crypto summit. The event took place at Gracie Mansion, the mayor’s residence, and was attended by prominent figures from the crypto industry, many of whom are based in New York. […]

Key Takeaways: JPMorgan now allows clients to buy Bitcoin—but won’t provide custody or hold crypto directly. CEO Jamie Dimon remains critical of crypto, yet supports clients’ freedom to invest in it. This decision comes after U.S. spot Bitcoin ETFs had raised $42 billion since they started in January 2024. JPMorgan Chase, the biggest bank in […]

Tornado Cash founder Roman Storm’s legal team is accusing the government of withholding information from the court. Storm was arrested in 2023 and slapped with charges related to allegedly laundering $1 billion in criminal proceeds, including hundreds of millions of dollars for the Lazarus Group, the sanctioned North Korean cybercriminal outfit. The Tornado Cash founder […]

The U.S. Senate voted Monday to advance the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act), a bill aimed at regulating stablecoins, following a 66-32 procedural vote. The legislation, introduced by Sen. Bill Hagerty (R-Tenn.), seeks to establish a federal framework for stablecoin issuers, requiring full asset backing, monthly reserve disclosures, and […]

Traders show renewed confidence in Bitcoin, driving futures open interest to $74 billion

Binance has asked a Delaware court to throw out a $1.76 billion clawback lawsuit filed by the FTX estate, arguing that the now-bankrupt crypto exchange is targeting the wrong party. According to the court documents, Binance says FTX’s collapse stems from internal fraud, not any action it or former CEO Changpeng Zhao took, and that […]

Fishman said he's been using Coinbase — a popular cryptocurrency exchange accessible through desktop and cell phone apps — for approximately seven …

Dogecoin slipped 7% early this week, wiping out much of its gains from last Friday. But a pair of chart watchers say the pullback could be brief. According to analysis from Jake Wujastyk, the meme token is poised for a sharp climb once key levels hold. Based on reports from fellow analyst Bitcoinsensus, there’s even […]

In a world where many crypto launches talk big but deliver little, Unstaked is making its mark differently. Moving from Stage 1 to Stage 13 faster than most projects, and raising $6.3 million on the way, it’s quickly becoming one of the standout stories of the year. Now with $UNSD priced at $0.009267, it’s earning […]

Three crypto projects are seeing strong activity right now: Trump Coin (TRUMP), Arbitrum (ARB), and Web3 ai ($WAI). TRUMP is getting attention after a large $52.66 million move into liquidity pools, while Arbitrum is showing signs of a major price rally in 2025. Both coins are building short-term momentum fast. At the same time, Web3 […]

The upcoming week in the crypto market promises to be a momentous one, with over $1 billion in token unlocks set to take place—this underscores the increasing complication and sophistication of the token economy. By using Tokenomist’s classification framework to aggregate data, this was revealed. Incsider tokens make up about 8% of this category—these are […]

SUN – which is a platform for swap, yield farming, and self-governance on Tron – has firmly retained its position as the second-largest protocol by total value locked (TVL) on the blockchain. It is currently trailing only behind the lending giant JustLend. With approximately $985 million locked in, SUN accounts for a significant share of […]

After weeks of speculation among crypto enthusiasts and news outlets, Tron founder Justin Sun has claimed he owns the wallet that purchased the largest amount of Donald Trump’s memecoin, allowing him to qualify for a dinner and reception with the US president. In a May 19 X post, Sun said he had received an invitation […]

Ethereum is gaining momentum with crypto investment products seeing US$785 million in net inflows last week, driven by ETH’s 4.2% rally and pushing the price above US$2.5k. Ethereum has received US$757 million in year-to-date inflows, making it the network with the second-most flows behind Bitcoin but ahead of XRP according to CoinShares data. The positive […]

Strategy is facing a class action lawsuit alleging it misled investors about risks tied to its Bitcoin strategy and the impact of new fair-value accounting rules. The lawsuit follows a reported Q1 loss of USD 4.22B, which the plaintiff claims was foreseeable under the accounting shift Strategy promoted as beneficial but downplayed for volatility. Despite […]

Bybit exchange has announced the launch of direct trading for top global stocks using USDT. This new feature, part of Bybit’s expanding Gold & Forex (MT5) product suite, allows users to trade 78 popular Contracts for Difference (CFDs), including Apple, Tesla, Meta, Nvidia, and Amazon, without the need for fiat onboarding. This provides traders with […]

China hawks in Congress are pressuring executives at the financial giants JPMorgan Chase and Bank of America to back out of their business with a controversial China-based electric car battery firm. Last month, John Moolenaar (R-Michigan), the chair of the House Select Committee on the Chinese Communist Party, wrote to the CEOs of both banks […]

Robinhood has submitted a 42-page proposal to the U.S. Securities and Exchange Commission (SEC) requesting regulatory clarity on the tokenization of real-world assets (RWAs) and its potential application to on-chain stock trading. According to a Forbes report, the proposal, filed with the SEC’s Crypto Task Force, outlines a framework for compliant issuance, custody, and trading […]

Bitcoin Magazine Strategy Buys $765 Million Worth of Additional Bitcoin Strategy has acquired 7,390 Bitcoin for approximately $764.9 million, according to a Form 8-K filed with the Securities and Exchange Commission on Monday, as the company continues its aggressive Bitcoin accumulation strategy amid rising institutional adoption. The business intelligence firm purchased the Bitcoin at an […]

Key Takeaways: India’s Supreme Court has warned that unregulated crypto is forming a dangerous “parallel economy”. Justices criticized the government for taxing crypto at 30% without providing a regulatory framework. Pressure mounts on Indian authorities to introduce clear crypto laws amid rising use and fraud cases. The Supreme Court of India is getting involved in […]

Aave (AAVE), core native cryptocurrency of blue-chip DeFi, becomes best performer in top 100

After years of speculation, XRP has officially entered the regulated derivatives market in the U.S. with the launch of futures contracts on CME Group’s platform. According to the company, the move reflects growing institutional appetite for XRP but also revives discussion around the approval of a long-awaited spot XRP exchange-traded fund (ETF). Institutional Activity Begins […]

According to PANews, data from Coinglass reveals that the cryptocurrency market witnessed liquidations totaling $220 million over the past 24 …

Financial writer Robert Kiyosaki urges investors to consider assets like Bitcoin, gold and silver to protect their savings. He argues that these traditional forms of money are better shields against what he calls “mounting financial risks.” Kiyosaki has issued a fresh warning that an economic turmoil could be on the horizon. He points to the […]

Key Takeaways: Ethereum is forming a bull flag on the daily chart, with a potential breakout above $3,600. If ETH reclaims the 2-week Gaussian Channel mid-line, a 90% rally could occur. Ethereum (ETH) price is consolidating between $2,400 and $2,750 on its daily chart, forming a bull flag pattern with sights on the $3,000 to […]

A 42-year-old man from Connecticut has been taken into custody for his alleged role in a check fraud ring that stole hundreds of thousands of dollars from US banks. In a website post, the Connecticut State Police say they’ve arrested and charged Eric J. Christian with violating the Corrupt Organizations & Racketeering Act, conspiracy to […]

Victoria, Seychelles, May 20th, 2025, Chainwire Beer 2.0 aims to be more than a nostalgic nod to its predecessor. It’s a fresh pour of meme culture, community power, and real utility — served cold on Solana. Building on the viral rise of Beercoin (which hit an impressive 35x), this second iteration is aiming to turn […]

Following a robust April and an early May that brought widespread advances throughout the digital asset sector, the crypto market last week settled into a period of consolidation, trading mostly sideways. After an initial macro-driven rally, a slight cooling of investor enthusiasm turned the backdrop into a almost-stable one for several significant token releases and […]

Bitcoin is currently seeing an interesting trend being played out. In fact, new data suggest that buying sentiment remains favorable for further upside, implying it may be premature to consider exiting. Though it’s hard to pinpoint when Bitcoin might top its previous high, the current on-chain and market data signals remain very “constructive.” Bitcoin Rally […]

Research by Standard Chartered Bank shows a wider range of institutions are purchasing bitcoin proxies for their investment portfolios. Bitcoin Eyes $106K Support Level As Big Money Flows In London-based Standard Chartered Bank published research on Tuesday showing that bitcoin ( BTC) has piqued the interest of an increasingly diverse group of institutions, according to […]

A Victorian magistrate has ruled that Bitcoin is a form of property similar to Australian dollars and therefore transactions using BTC should be exempt from capital gains tax obligations.  The ruling came during a case in which a former Australian Federal Police Officer stole 81.6 BTC in 2019, today valued at over AUD$13 million. If […]